Restructuring Charges

6 Months Ended

Jun. 30, 2025

Restructuring Charges.

Restructuring Charges

13. Restructuring Charges

In December 2023, the Company’s board of directors approved a reduction of the Company’s workforce by approximately 46%, which was completed as of December 31, 2024. During the six months ended June 30, 2025, the Company made cash severance payments of $0.2 million to impacted employees. During the three and six months ended June 30, 2024, the Company recognized severance expense of $0.1 million and $2.6 million, respectively, and made cash severance payments of $4.5 million to impacted employees during the six months ended June 30, 2024.